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Market: Abu Dhabi Symbol: MULTIPLY ISIN: AEM001001019 Industry: Financials

With its trademark growth mindset, Multiply Group PJSC is an Abu Dhabi-based holding company that invests in transformative cash-generating businesses it understands. With a forward-thinking outlook, Multiply Group continues to expand by organically growing existing businesses to unlock their full potential, empowering them with capital, technology, and tools to acquire or create solutions, as well as gain operational excellence, scale up and become leaders in their respective industries.

We collaborate closely - internally and with partners - to drive operational improvement, generate synergies, build a global network, and create a cost-efficient ecosystem.

Our blend of financial strength, strong leadership, and mental agility empowers our people to be bold, moving fast and decisively to grasp attractive investment opportunities.

As a young company, unconstrained by legacy or bureaucracy, we are dynamic, with access to market-leading expertise through the leadership of our portfolio companies and a mindset that challenges aging values and empower firms to chart new courses.

Major shareholders include International Holding Company (IHC), one of the most valuable companies in the UAE, with a market capitalisation of AED 266.8 billion (US$72.5 billion) and an exceptional track record of taking its best-performing subsidiaries public.

Share data 27/01/2023
Currency AED
Volume 22,623,231
Previous Close 4.33
Number of Shares (mln) 11,200.00
Change (%) -6.88
Market Cap (mln) 48,496.00
Key Figures (AED’000) 2019 2020 2021
Statement of profit or loss and other comprehensive income      
Revenue 21,472 15,784 371,912
Gross profit 8,325 6,170 210,618
Profit for the year 10,767 3,798 225,196
Total comprehensive income for the year 10,767 3,798 226,580
Statement of financial position      
Total assets 72,321 98,334 11,603,762
Total liabilities 34,677 8,407 877,732
Total equity 37,644 89,927 10,726,030
Statement of cash flows      
Net cash generated from/(used in) operating activities (3,492) 738 (35,174)
Net cash used in investing activities (4,969) (24,566) (1,558,437)
Net cash generated from financing activities N/A 30,000 5,025,607